Goldmoney Inc. (OTCMKTS:XAUMF) Sees Significant Growth in Short Interest

Goldmoney Inc. (OTCMKTS:XAUMFGet Free Report) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 3,047 shares, a growth of 1,769.3% from the June 15th total of 163 shares. Based on an average trading volume of 3,367 shares, the days-to-cover ratio is currently 0.9 days.

Goldmoney Price Performance

OTCMKTS:XAUMF remained flat at $10.53 on Friday. 39 shares of the company’s stock were exchanged, compared to its average volume of 4,044. The business has a 50-day simple moving average of $11.17 and a two-hundred day simple moving average of $10.67. Goldmoney has a one year low of $5.55 and a one year high of $14.08.

Goldmoney Company Profile

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Goldmoney Inc (OTCMKTS: XAUMF) is a financial technology company specializing in the custody, storage and transacting of precious metals. Founded as BitGold in 2014 and rebranded to Goldmoney in 2015, the firm offers a platform where clients can buy, sell and securely hold allocated gold, silver, platinum and palladium. Its services are designed to combine the stability and intrinsic value of physical bullion with the convenience of modern electronic payments and transfers.

Through the Goldmoney platform, individuals and institutions can open multi-currency accounts that facilitate instant settlement in precious metals or fiat currencies.

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